Hundreds of Dropbox passwords leak online, third party blamed for breach

In what has been a month of monumental security breaches and cloud compromise stories, 400 Dropbox user names and  passwords appeared online yesterday in a leak purporting access to over 7 million accounts taken from Dropbox servers.

Dropbox, whose business model is anchored on secure storage of free and paid user information, denied that there had been a breach and instead pointed to a third party source from which the information was taken. Dropbox added that many of the said passwords are no longer updated or in use but cautioned users to consider using two-step verification when putting information up on the service. Hit jump for their statement.

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